Yes, the US government is responsible for looking out for American interests first. But they don't. They look out for the interests of the Oil and Defense industries. We could have worked with the democratically elected government of Iran to support us against the Russians, but they were going want some oil profits for themselves. So fuck the democratically elected government, and let's install a ruthless dictator who will let our oil companies suck the country dry.
Sorry, IB. Money and lobbyists count more than citizens.
Originally Posted by CuteOldGuy
the US Government is looking out for the interest of America and the world's economy and the average person in the United States by keeping the free flow of oil going and not the Oil Industry's interest except by default.
cheap(or cheaper) oil isnt in the interest of the "oil industry" if you consider the interest to to be maximum profits.
the more expensive per barrel oil is, the more the oil industry profits.
Domestic production is what we need to encourage. Of course the more expensive per barrel oil is, the more domestic producers make, but the money is kept here, taxed and re-circulated and high wage jobs are created.
there is a certain combination of domestic production and price that would benefit the United States tremendously. obama et al just wants to waste billions and billions on solyndra. thats where the interest of the american people is being ignored.
one big thing we could do is get reimbursed by other countries for our military